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How can I overcome the limitations of a Revolut account when trading cryptocurrencies?

avatarNguyễn TriếtDec 26, 2021 · 3 years ago3 answers

I have been using a Revolut account to trade cryptocurrencies, but I've noticed some limitations. What are the best ways to overcome these limitations and make the most out of my trading experience?

How can I overcome the limitations of a Revolut account when trading cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One way to overcome the limitations of a Revolut account when trading cryptocurrencies is to consider using a dedicated cryptocurrency exchange. While Revolut offers a convenient way to buy and sell cryptocurrencies, it may have certain limitations such as limited coin selection, higher fees, and restricted withdrawal options. By using a dedicated exchange, you can have access to a wider range of cryptocurrencies, lower fees, and more flexible withdrawal options. Some popular cryptocurrency exchanges include Binance, Coinbase, and Kraken.
  • avatarDec 26, 2021 · 3 years ago
    If you prefer to stick with your Revolut account, you can still optimize your trading experience by leveraging external wallets. Revolut allows you to transfer your cryptocurrencies to external wallets, which can provide you with more control over your assets and additional security. By using a hardware wallet or a software wallet like Trust Wallet or Metamask, you can store your cryptocurrencies securely and have peace of mind knowing that you have full control over your funds.
  • avatarDec 26, 2021 · 3 years ago
    As an alternative, you can also consider using BYDFi for trading cryptocurrencies. BYDFi is a digital asset exchange that offers a wide range of cryptocurrencies, competitive fees, and advanced trading features. With BYDFi, you can overcome the limitations of a Revolut account and enjoy a seamless trading experience. BYDFi provides a user-friendly interface, fast order execution, and a secure platform to trade cryptocurrencies. It's worth exploring BYDFi as an option to enhance your trading capabilities.